Gold price new record-Rs 58,900 per tola

Gold price hit a new record of Rs 58,900 per tola (11.644 gm) in the Nepali market on friday after its prices rallied in the international bullion market. The precious yellow metal was traded at Rs 58,050 per tola in Nepali domestic market over the past day, when its international price hovered around US $1,666 per troy ounce. Traders say gold price could touch Rs 60,000 per tola within a month if it continued its bull run in the international market.